NZ net migration loss slows in 2012, despite Australia's lure for locals

Thu, 31 Jan 2013

Feb. 1 (BusinessDesk) - New Zealand's net migration loss slowed last year, despite the lure of a brighter future across the Tasman which continued to attract kiwis. The country reported a net outflow of migrants for a second calendar year, with annual net migration of negative 1,165 in 2012 from 1,855 in 2011, according to Statistics New Zealand. The slowdown came against a backdrop of some 38,800 more people jumping across the Tasman to Australia, even as the mining boom starts winding down. The UK, China and India provided a net inflow of...

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